WHY WAS SOTHEBY’S NFT AUCTION SUDDENLY CANCELED?

Sotheby’s, a famous multinational luxury auction house, announced the auction of 104 CryptoPunk non-fungible tokens (NFT) collections. The auction was dubbed ‘Punk It,’ and the collection was expected to fetch $20 to $30 million at auction. The consignor, however, dropped out of the auction 25 minutes before it was scheduled to begin, tweeting that he … Read more